Metastable Materials mines metals from India's battery waste

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- Metastable Materials, a Bengaluru startup, reframes India's growing battery waste as a feedstock rather than refuse, extracting lithium, cobalt, nickel, copper and aluminium from spent batteries.
- The company processes the recovered metals and sells them as refined commodity metals, positioning end-of-life batteries as a source of commercially traded inputs.
- India's battery waste stream is expanding, giving the startup a domestic supply base of spent batteries to mine for industrial metals.
- By recovering five distinct metals — including battery-specific lithium and cobalt alongside broader industrial copper and aluminium — the startup spans both EV-supply-chain and general commodity markets.
Why it matters: India's swelling battery waste has been a mounting environmental liability; Metastable Materials recasts it as a domestic source of five industrial metals — lithium, cobalt, nickel, copper, aluminium — sold as refined commodities, turning disposal costs into a revenue stream. The startup's bet: what looks like waste is really a mine.



